In 2022, the sales of domestic Chinese brands on Douyin, the Chinese version of TikTok, grew by 110 percent year on year. Live broadcast views of emerging brands, such as the beauty brand Perfect …
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China leads way with self-driving vehicle tech
There are reports that Tesla, a global leader in autonomous driving, could be getting ready to test its full self-driving technology in China. The company is forming a 20-member operation team to …
Why are tourists not returning to mainland China? Experts cite a host of reasons but it’s anyone’s guess as to when ‘normality’ will resume
Mainland China’s tourism sector saw a 70 per cent drop in international travellers in the first half of this year compared with pre-Covid levels Cross-border travel could get back to pre-pandemic …
CMCC Global Splashes $100 Million on Blockchain Fund Focused on Asian Startups
Asia-based blockchain venture capital (VC) firm CMCC Global has announced the launch of its Titan Fund, committing $100 million to support blockchain startups in the region.
China’s economic malaise boils down to ‘a failure to reform’ the system, Pathfinder report warns
A lack of major reform announcements by Beijing could serve to keep China’s economy in a weakened state next year ‘Structural threats to economic stability have never been greater’ for China, …
IMF likely overestimating China’s economic growth prospects, US analyst says
Questionable data supplied by Beijing to the International Monetary Fund leads to an inaccurate and inflated projection, according to research group founder Growth above 3 per cent is unlikely for …
Hong Kong Stock Exchange Launches Blockchain-Based Settlement Platform
The Hong Kong Stock Exchange’s Stock Connect system, which links Hong Kong’s stock markets with those in mainland China, is getting an upgrade thanks to blockchain technology. According to a press …
China bites back as EU launches probe into electric vehicle industry
Brussels officially opens investigation, saying it has ‘sufficient evidence’ of subsidies for Chinese EVs that could harm ‘vulnerable’ EU sector, while Beijing slams inquiry as ‘naked protectionist …
15 Largest Food Importing Countries in the World(Written Year for each country, Revised for Fahad))
In this article, we will look at the 15 largest food importing countries in the world with insights into factors like the value and volume of food imports, and the growth rate. For a quick…
The founder of Tesla’s biggest China rival reportedly drank a glass of battery fluid to impress one of Warren Buffett’s lieutenants
The founder of Chinese automaker BYD, Tesla’s biggest global EV rival, once drank battery fluid in front of a big-name investor to show just how green the tech was.
American, Other Western Giants Betting Big on China
From relentless COVID lockdowns to allegations of high-profile human rights scandals, Western companies have had good reasons to abandon China in recent times. American companies, in particular, are …
Biden Administration to Tighten Chip Export Rules Amid Escalating US-China Tensions
In a display of unwavering resolve, the Biden administration is set to strengthen its export restrictions on artificial intelligence (AI) chips and chip-making tools destined for China. This decision …
IMF warns China at risk if commodity markets see further fragmentation
In its World Economic Outlook, the international financial institution lays out a scenario in which a polarised world economy leads to higher prices and greater scarcity for the commodities China now …
